FDIC Certificate #: 57646 Status: Inactive Closing history: Absorption - Assisted Acquiring institution:Deposit Insurance National Bank of Louisville (#59059) Federal Reserve ID: 3195895 Date Established: November 14, 2003 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 9 (Interstate: No) FDIC's unique #: 419027 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes State Chartered: Yes Date of Deposit Insurance: November 14, 2003 Last Structure Change Effective Date: January 28, 2011 Last Structure Change Process Date: Febuary 01, 2011 Last Data Update: Febuary 01, 2011 Data Source Date: April 05, 2012
Location
Address: 980 Dillon Road, Louisville, CO 80027 County: Boulder Quarterly Banking Profile Region: Dallas FDIC Geographic Region: Dallas FDIC Supervisory Region: Dallas FDIC Field Office: Denver Office of the Comptroller the Currency (OCC) District: Midwest Office of Thrift Supervision Region: Western Metropolitan Statistical Area (MSA): Boulder-Longmont, CO (#1125) Consolidated Metropolitan Statistical Area (CMSA): Denver-Boulder-Greeley, CO (#34) Combined Statistical Area (CSA): Denver-Aurora-Boulder, CO (#216) Core Based Statistical Area (CBSA): Boulder, CO (#14500) CBSA Metro Statistical Area: Boulder, CO (#14500)
Financial Summary
Total assets: $764.1 mil
2000 - 2011 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2010)
Dollar figures in thousands
98Total employees (full-time equivalent)
$764,090Total assets
$1,956Cash and due from depository institutions
$4Interest-bearing balances
$72,741Securities
$78,170Federal funds sold & reverse repurchase agreements
$522,939Net loans & leases
$35,937Loan loss allowance
$0Trading account assets
$14,113Bank premises and fixed assets
$62,917Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$11,254All other assets
$764,090Total liabilities and capital
$766,745Total liabilities
$718,797Total deposits
$694,107Interest-bearing deposits
$718,797Deposits held in domestic offices
96.38%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$41,817Other borrowed funds
$0Subordinated debt
$6,131All other liabilities
$-2,655Total equity capital
$-2,655Total bank equity capital
$-2,655Perpetual preferred stock
$0Common stock
$1,734Surplus
$58,277Undivided profits
Memoranda
$-62,666Noncurrent loans and leases
$13,512Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$139,215Earning assets
$315Long-term assets (5+ years)
$1,763Average Assets, year-to-date
$673,854Average Assets, quarterly
$43,590Volatile liabilities
$822,575Insider loans
$772,816FHLB advances
$495,151Loans and leases held for sale
$2,921Unused loan commitments
$41,817Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$3,458Total risk weighted assets
$13,512Total unused commitments
$9,560Restructured Loans and leases
$0Derivatives
Income and Expense (December 31, 2010)
Dollar figures in thousands
$31,497Total interest income
$15,006Total interest expense
$16,491Net interest income
$27,100Provision for loan and lease losses
$4,542Total noninterest income
$0Fiduciary activities
$330Service charges on deposit accounts
$0Trading account gains & fees
$4,212Additional noninterest income
$22,717Total noninterest expense
$7,189Salaries and employee benefits
$2,418Premises and equipment expense
$13,110Additional noninterest expense
-$28,784Pre-tax net operating income
$481Securities gains (losses)
$0Applicable income taxes
-$28,303Income before extraordinary items
$0Extraordinary gains - net
-$28,303Net income attributable to bank
$0Net charge-offs
-$28,303Cash dividends
$28,000Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2010)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.18%Yield on earning assets
1.99%Cost of funding earning assets
2.19%Net interest margin
0.60%Noninterest income to earning assets
3.01%Noninterest expense to earning assets
-3.50%Net operating income to assets
-3.44%Return on assets (ROA)
-3.44%Pretax return on assets
-164.78%Return on equity (ROE)
-164.78%Retained earnings to average equity (YTD only)
4.44%Net charge-offs to loans
96.79%Credit loss provision to net charge-offs
-0.06%Efficiency ratio
108,006Assets per employee
7.80%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
6.43%Loss allowance to noncurrent loans
25.81%Noncurrent assets plus other real estate owned to assets
26.45%Noncurrent loans to loans
24.91%Net loans and leases to deposits
72.75%Net loans and leases to core deposits
196.99%Equity capital to assets
-0.35%Core capital (leverage) ratio
-0.30%Tier 1 risk-based capital ratio
-0.40%Total risk-based capital ratio
Memoranda
-$0Average assets
$822,575Average earning assets
$17,177Average equity
$754,021Average loans
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